Score

1.26 /10
Danger

Zetradex

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index5.09

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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40G

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Broker Information

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Company Name

Zetradex Holding Ltd

Company Abbreviation

Zetradex

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Zetradex · Company summary
ZetradexReview Summary
Founded2022
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForexEnergy & Agriculture Futures BondsIndicesStocksMetalsCryptocurrencies
Demo Account
LeverageUp to 1:3000
SpreadFrom 1 pip(ze Standard)
Trading Platformzetradex Webtraderzetradex Trading App
Min Deposit$1
Customer SupportEmail: support@zetradex.com
Social Media: Instagram,Facebook,Youtube,Twitter,LinkedIn
Physical Address: Bonovo Road, Fomboni Island of Mohéli, Comoros Union

Zetradex Information

Zetradex is a broker incorporated in the UK in 2022, offering 600+ financial instruments with 2 own trading platforms and 4 account options. But for now, Zetradex is not regulated.

Zetradex Information

Pros and Cons

ProsCons
The spread can start at 0No regulation
Offer demo accountMT4/5 is not supported
11 payment methodsLeverage up to 1:300
Minimum deposit is only $1

Is Zetradex Legit?

Zetradex is now unregulated, and the registration date on the website is 2022.

Is Zetradex Legit?
Is Zetradex Legit?

What Can I Trade on Zetradex?

Zetradex enables you to explore more than 600 financial instruments, including forex, stocks, indices, metals, energy & agriculture futures bonds, and cryptocurrencies.

Tradable InstrumentsSupported
Forex
Energy & Agriculture Futures Bonds
Indices
Stocks
Metals
Cryptocurrencies
ETF
What Can I Trade on Zetradex?

Account Types

Zetradex offers 4 account types: ze Standard, ze Ultra, ze PRO, Demo Account.

Among them, the minimum deposit requirement is $1, and the maximum leverage is 1:3000.

Account Typesze Standardze Ultraze PRODemo Account
Account currencyAll currenciesAll currenciesAll currenciesAll currencies
Minimum deposit1 USD500 USD1000 USD-
Maximum depositUnlimitedUnlimitedUnlimited-
Recommended deposit50 USD1000 USD5000 USD-
Compatible with bonusesAll BonusesAll BonusesAll Bonuses-
Lot size100,000 USD100,000 USD100,000 USD100,000 USD
Maximum leverage1:30001:10001:5001:1000
Stop Out Level50%50%50%-
SwapsOptionalOptionalOptionalYes
SpreadsFrom 1 pipFrom 0 pipRaw SpreadFixed
Account Types
Account Types
Account Types
Account Types

Zetradex Fees

ze Standard spreads from 1 pip, ze Ultra spreads from 0 pip, ze PRO provides raw spread, and Demo Account spreads are fixed.

Trading Platform

Zetradex offers two proprietary trading platforms: zetradex Webtrader and zetradex Trading App, one on the web and one on mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
zetradex WebtraderWebAll traders
zetradex Trading AppMobileAll traders
MT4
MT5
Trading Platform
Trading Platform

Deposit and Withdrawal

Zetradex offers deposits in 3 categories: Bank Wire Transfers, Credit Debit Cards and Wallets, with a total of 11 options. They do not charge commission and most of the processing time is instant.

Deposit OptionsPayment SystemTransfer CurrenciesCommissions and FeesProcessing Time
Bank Wire TransfersBank TransferAll currenciesNo commission2 - 4 business days
Bank Transfer AfricaZAR, NGNNo commissionInstant
Bank Transfer AsiaIDR, MYR, THB, VND, INRNo commissionInstant
Bank Transfer LatamBRL, MXNNo commissionInstant
Credit Debit CardsVISAAll currenciesNo commission2 - 4 business days
MasterCardAll currenciesNo commissionInstant
China UnionPayCNYNo commissionInstant
WalletsSticpayAll currenciesNo commissionInstant
PayeerAll currenciesNo commissionInstant
CryptoBTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDTNo commissionInstant
Mobile Transfer in AfricaAll currenciesNo commissionInstant
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

The withdrawal method is the same as the deposit method, but there are certain commissions and fees.

Withdrawal OptionsPayment SystemTransfer CurrenciesCommissions and FeesProcessing Time
Bank Wire TransfersBank TransferAll currencies3% + 35 USD2 - 4 business days
Bank Transfer AfricaZAR, NGN3% + 3 USD2 - 4 business days
Bank Transfer AsiaIDR, MYR, THB, VND, INR3% + 3 USD1 - 3 business hours
Bank Transfer LatamBRL, MXN5%2 - 4 business days
Credit Debit CardsVISAAll currencies3% + 10 USD2 - 4 business days
MasterCardAll currencies3% + 10 USD2 - 4 business days
China UnionPayCNY3%1 - 4 working hours
WalletsSticpayAll currencies5.50%2 - 4 business hours
PayeerAll currencies3%1 - 4 working hours
CryptoBTC, LTC, DOGE, PPC, DASH, RDD, ZEC, BLK, USDT3% + 5 USD1 - 4 working hours
Mobile Transfer in AfricaAll currencies3% + 2 USD1 - 4 working hours
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

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Wilhut
6-12months
Zetradex has the Comoros license. Maybe Wikifx should check thoroughly before commenting wrongly. The license is legally stated and can be checked from the Mwali International Service Authority website at mwaliregistrar.com under brokerage license. Most brokerage from St. Vincent and Grenadines were also already taking Comoros license due to recent change in Metaquotes' regulation.
Zetradex has the Comoros license. Maybe Wikifx should check thoroughly before commenting wrongly. The license is legally stated and can be checked from the Mwali International Service Authority website at mwaliregistrar.com under brokerage license. Most brokerage from St. Vincent and Grenadines were also already taking Comoros license due to recent change in Metaquotes' regulation.
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2024-02-04 02:42
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